SGX Market Updates

FTSE ST Small Cap Index’s 5 Best-Yielding Stocks Average 7.4% Yield


PUBLISHED ON |

02 May 2019

  • The 51-member FTSE ST Small Cap Index tracks the performance of small-cap companies that pass size, free float and liquidity screens and trade on SGX Mainboard. As the Index has a significant Real Estate weighting – with 19 REIT constituents – it maintains a relatively high average dividend indicated yield of about 4.5%, above the STI’s 3.9% yield.

  • Of the Index’s 32 non-REIT constituents, 12 have indicated yields of above 4%. Among these 12, the 5 best-yielding stocks are: Duty Free (9.3%), Delong (9.2%), SIIC Environment (6.3%), UMS (6.2%), and QAF (6.0%). They average an indicated yield of 7.4%.

  • Among the 12 best-yielding stocks, the 5 best performers in the YTD were: QAF (+43.6%), UMS (+28.1%), Chip Eng Seng (+20.5%), Bumitama Agri (+15.3%) and Lian Beng Group (+15.1%). They have averaged a YTD total return of 24.5%.




The FTSE ST Small Cap Index is a free float-adjusted, market capitalisation-weighted index representing the performance of small-capitalised companies, which pass size, free float and liquidity screens and trade on SGX Mainboard. The Index comprises 51 constituents with a combined market capitalisation of about S$40 billion, ranging from S$63 million to over S$2 billion. More broadly, beyond the Index are approximately 200 stocks listed on SGX that fall within this market capitalisation range.

The 10 largest capitalised constituents of the FTSE ST Small Cap Index account for more than a third of the Index’s weighting, and comprise six Real Estate Investment Trusts (REITs), two consumer stocks, one healthcare play, and one financial services provider. Given the significant Real Estate weighting in the Index – there are a total of 19 REIT constituents – it maintains a relatively high average dividend indicated yield of about 4.5%, above the benchmark Straits Times Index’s (STI) 3.9% yield.

Excluding REITs and business trusts, the Index has 32 non-REIT constituents, with dividend indicated yields ranging from below 1% to above 9%. Of these 32, 12 stocks have indicated yields of above 4%. Among the 12, the five best-yielding Index constituents are: Duty Free International (9.3%), Delong Holdings (9.2%), SIIC Environment (6.3%), UMS Holdings (6.2%), and QAF Ltd (6.0%). These five have averaged an indicated yield of 7.4%.

The table below details the 12 non-REIT constituents of the FTSE ST Small Cap Index with yields above 4.0%, sorted by dividend indicated yield.

Name SGX
Code
Market
Cap
S$m
Total
Return
YTD
%
Total
Return
1 Yr
%
Total
Return
3 Yr
%
Dividend
Ind Yield
%
P/E
(x)
DUTY FREE INTL 5SO 234 3.9 -1.6 -34.9 9.3 15.6
DELONG HOLDINGS BQO 673 -3.2 58.3 2074.1 9.2 2.0
SIIC ENVIRONMENT BHK 808 12.7 -26.6 -53.5 6.3 7.4
UMS HOLDINGS 558 392 28.1 -28.0 84.0 6.2 9.1
QAF LTD Q01 483 43.6 -14.9 -11.5 6.0 59.1
BUMITAMA AGRI P8Z 1,242 15.3 3.4 1.0 5.6 11.9
HONG LEONG FINANCE S41 1,242 9.4 4.2 32.1 5.4 10.5
CHIP ENG SENG C29 498 20.5 -17.1 31.0 5.1 8.0
METRO HOLDINGS M01 856 2.0 -8.0 19.5 4.9 20.1
CHINA SUNSINE CHEMICAL CH8 570 -7.9 -21.4 232.1 4.7 4.4
CENTURION CORP OU8 366 4.8 -2.3 34.9 4.6 4.6
LIAN BENG GROUP L03 262 15.1 -8.7 27.0 4.3 4.6
Average 12.0 -5.2 203.0 5.9 13.1

Source: Bloomberg & StockFacts (data as of 30 April 2019)



Among these 12 best-yielding stocks, the 5 best performers in the 2019 year-to-date were: QAF (+43.6%), UMS (+28.1%), Chip Eng Seng (+20.5%), Bumitama Agri (+15.3%) and Lian Beng Group (+15.1%). The 5 have averaged a YTD total return of 24.5%.

The table below details the 12 non-REIT constituents of the FTSE ST Small Cap Index with yields above 4.0%, sorted by YTD total return.

Name SGX
Code
Market
Cap
S$m
Total
Return
YTD
%
Total
Return
1 Yr
%
Total
Return
3 Yr
%
Dividend
Ind Yield
%
P/E
(x)
QAF LTD Q01 483 43.6 -14.9 -11.5 6.0 59.1
UMS HOLDINGS 558 392 28.1 -28.0 84.0 6.2 9.1
CHIP ENG SENG C29 498 20.5 -17.1 31.0 5.1 8.0
BUMITAMA AGRI P8Z 1,242 15.3 3.4 1.0 5.6 11.9
LIAN BENG GROUP L03 262 15.1 -8.7 27.0 4.3 4.6
SIIC ENVIRONMENT BHK 808 12.7 -26.6 -53.5 6.3 7.4
HONG LEONG FINANCE S41 1,242 9.4 4.2 32.1 5.4 10.5
CENTURION CORP OU8 366 4.8 -2.3 34.9 4.6 4.6
DUTY FREE INTL 5SO 234 3.9 -1.6 -34.9 9.3 15.6
METRO HOLDINGS M01 856 2.0 -8.0 19.5 4.9 20.1
DELONG HOLDINGS BQO 673 -3.2 58.3 2074.1 9.2 2.0
CHINA SUNSINE CHEMICAL CH8 570 -7.9 -21.4 232.1 4.7 4.4
Average 12.0 -5.2 203.0 5.9 13.1

Source: Bloomberg & StockFacts (data as of 30 April 2019)







This article is provided by SGX My Gateway.



SGX My Gateway

SGX's investor education portal with market, product and investment information and events. Sign up now at sgx.com/mygateway to receive our investment updates and economic calendar.

This document is not intended for distribution to, or for use by or to be acted on by any person or entity located in any jurisdiction where such distribution, use or action would be contrary to applicable laws or regulations or would subject Singapore Exchange Limited (“SGX”) to any registration or licensing requirement. This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document is for general circulation only. It does not address the specific investment objectives, financial situation or particular needs of any person. Advice should be sought from a financial adviser regarding the suitability of any investment product before investing or adopting any investment strategies. Use of and/or reliance on this document is entirely at the reader’s own risk. Further information on this investment product may be obtained from www.sgx.com. Investment products are subject to significant investment risks, including the possible loss of the principal amount invested. Past performance of investment products is not indicative of their future performance. Examples provided are for illustrative purposes only. While each of SGX and its affiliates (collectively, the SGX Group Companies) have taken reasonable care to ensure the accuracy and completeness of the information provided, each of the SGX Group Companies disclaims any and all guarantees, representations and warranties, expressed or implied, in relation to this document and shall not be responsible or liable (whether under contract, tort (including negligence) or otherwise) for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind, including without limitation loss of profit, loss of reputation and loss of opportunity) suffered or incurred by any person due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information, or arising from and/or in connection with this document. The information in this document may have been obtained via third party sources and which have not been independently verified by any SGX Group Company. No SGX Group Company endorses or shall be liable for the content of information provided by third parties. The SGX Group Companies may deal in investment products in the usual course of their business, and may be on the opposite side of any trades. SGX is an exempt financial adviser under the Financial Advisers Act (Cap. 110) of Singapore. The information in this document is subject to change without notice. This document shall not be reproduced, republished, uploaded, linked, posted, transmitted, adapted, copied, translated, modified, edited or otherwise displayed or distributed in any manner without SGX’s prior written consent.












SGX Stock / REIT Search

Advertisement

Trust Bank God Of Fortune Referral Code PGKPSWAE Trust Bank Referral Code 🎁

Advertisement